Features of Non-Convertible Debentures

By IndianMoney , 11 months ago
Features of NCDs 1. Taxation Non-Convertible Debentures carry tax implications depending on the tax bracket. Taxable under the head of "income from other source". 2. Interest Non-Convertible Debentures offer high interests. The interest usually ranges from 8%-12%. 3. Credit rating Companies are ranked by credit rating agencies such as CARE, CRISIL, etc.